Faris Lee Investments Completes Receivership Sale of $3.7 Million Multi-Tenant Retail/Office Property in Aliso Viejo, California

Irvine, CA – September 21, 2011 – (RealEstateRama) — Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, has completed the $3.7 million sale of The Shops at Pacific Park, a 15,195 square foot multi-tenant retail and office strip center in Aliso Viejo, Calif. Built in 1999 and situated on 1.18 acres, the property is located at 22912 Pacific Park Drive. The property, which was sold through receivership, is 88 percent occupied and includes a mix of dining, retail, and office tenants.